Restaurant, Conference Centre Property for Sale

R 7,500,000

Can I afford this?
8 months ago156 views
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General Details
For Sale By:Agency
Description
Property is well situated on the corner of Boland road and Beyers Naude drive.
Currently operation as a Restaurant. Controlled access in place.
The property is triangular in shape and mainly level.
The largest part of the property on the North Eastern Border is vacant and unused... Could possibly be used to park trucks.
Staff are accommodated on site.
Rental option also available
Restaurant 800 m²
Function room 80 m²
Generator Storeroom 100 m²
Staff accommodation 230 m²
Pation 30 m²
Two individual officies and a storage area
A liquor storeroom
Staff ablution facilities
Three additional storerooms
A covered patio

Property Reference #: 877

Agent Details:
Nigel Williamson
SA Land
92 Indaba Lane,Rietfontein,Muldersdrift,1747
Roodepoort

Id Subtitle 1229271752
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Estimated monthly repaymentR 81,279
Total property loan amountR 7,500,000
Total interestR 12,006,728
Total repaymentR 19,506,728
Interest rate at 11.75% for 20 years *
* The interest rate is by default set to the prime lending rate. Banking institutions may choose to lend to individuals at a rate above or below this prime rate.
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